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    Home»Education»Candlesticks»Inverse hammer
    Candlesticks

    Inverse hammer

    By TolbertiAugust 11, 2022No Comments
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    Inverse hammer

    A similarly bullish pattern is the inverted hammer. The only difference being that the upper wick is long, while the lower wick is short.

    It indicates a buying pressure, followed by a selling pressure that was not strong enough to drive the market price down. The inverse hammer suggests that buyers will soon have control of the market.

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